GD Electric Boat gets $520 million more for Virginia Class

FEBRUARY 4, 2014 — General Dynamics Electric Boat Corp., Groton, CT, is being awarded a $520,000,000 undefinitized contract action under existing contract (N00024-12-C-2115), for additional long lead time material associated with the two fiscal 2015 Virginia-class submarines (SSN 794 and SSN 795) and the two fiscal 2016 Virginia-class submarines (SSN 796 and SSN 797).

This contract modification provides additional long lead time material for steam and electric plant components, the main propulsion unit efforts and ship service turbine generator efforts, steel and miscellaneous hull, mechanical and electrical system components.

Work is expected to be complete by January 2015. Fiscal 2014 shipbuilding and conversion, Navy funds in the amount of $283,711,000 will be obligated at the time of the award. Contract funds will not expire at the end of the current fiscal year.

This contract was a sole source in accordance with 10 U.S.C. 2304(c)(1) - only one responsible source and no other supplies or services will satisfy agency requirements.